$408,000
$21K PRICE DROP

202 E 3rd Ave Cheyenne, WY 82001

Estimated payment $2,315/month

Total Views 64,584
5 Beds
2 Baths
2,486 Sq Ft
$164 Price per Sq Ft

Highlights

  • Patio
  • Forced Air Heating System
  • Washer and Dryer
  • 1-Story Property
  • Garage
  • 5-minute walk to Leo Pando Park

About This Home

Charming Duplex in Prime Location – Live In One, Rent the Other! Located in the heart of town, this maintained duplex is full of potential—whether you're looking for a smart investment or a home that helps pay the mortgage! Unit 1 (Main Floor): Step into a warm and inviting space with hardwood floors featuring 2 spacious bedrooms, a full bathroom, a large living room with a fireplace, a separate dining area, and an updated kitchen with gas stove. This unit also includes its own washer and dryer, offering convenience and privacy for the tenant. Currently rented for $1,350/month with a reliable tenant on a month-to-month lease. Unit 2 (Basement): With its own private entrance, this freshly vacated unit offers 3 bedrooms, a 3/4 bathroom, living room, kitchen, and laundry with its own washer, dryer, and wash basin. Previously rented for $1,150/month, including the garage. Additional Features: Fenced backyard for privacy or pets, Detached single-car garage with alley access, extra off-street parking, and separate entrances. This duplex stays rented with ease thanks to its central location and laundry amenities. Whether you're a seasoned investor or a savvy house-hacker looking to live in one unit and rent the other, this is a golden opportunity to build wealth and create flexibility in your living expenses.

Listing Agent

JP Fluellen

Real Broker, LLC License #12637 Listed on: 06/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,798

Year Built

  • Built in 1923

Lot Details

  • 5,625 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,486 Sq Ft Home
  • 1-Story Property
  • Oven or Range
  • Washer and Dryer

Parking

  • Garage
  • Off-Street Parking

Additional Features

  • Patio
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for garbage removal, gas, water, sewer
  • Assessor Parcel Number 16987001400080

Community Details

Overview

  • 2 Units
  • Pershing Hts Subdivision

Building Details

  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,798

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Style: 1 STORY
  • Class: Multi-Family
  • Heating System: Gas Forced Air
  • Lot Size: 5625
  • Tax Database Id: 1
  • Type: Duplex
  • Annual Income: 30000
  • Exterior Feature: Patio, Fence
  • Total Sq Ft: 2486
  • Taxes: 1797.59
  • Tax Year: 2024
  • Year Built: 1923
  • Earnest Money Payable To: Flying S Title & Escrow
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Laundry: Washer/Dryer Included
  • Appliances: Range/Oven, Refrigerator
  • Basement Sq Ft: 1243

Exterior Features

  • Acreage: 0.13
  • Construction: Frame
  • Roof: Composition/Asphalt
  • Water: Public (City) Water

Garage/Parking

  • Garage Carport: Garage(s), Off Street

Utilities

  • Sewer: City Sewer

Lot Info

  • Geo Subdivision: WY

Rental Info

  • Owner Pays: Garbage Removal, Gas, Water, Sewer
  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 2

Tax Info

  • Assessor Parcel Number: 16987001400080

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,798 $19,310 $3,084 $16,226
2024 $1,798 $25,422 $4,112 $21,310
2023 $1,918 $27,119 $4,112 $23,007
2022 $1,633 $22,625 $4,112 $18,513
2021 $1,405 $19,419 $4,112 $15,307
2020 $1,437 $19,926 $4,112 $15,814
2019 $1,377 $19,068 $4,112 $14,956
2018 $1,214 $16,979 $3,331 $13,648
2017 $1,524 $21,120 $3,331 $17,789
2016 $1,436 $19,891 $3,028 $16,863
2015 $1,403 $19,420 $3,028 $16,392
2014 $1,567 $21,554 $3,028 $18,526
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Price Changed $408,000 -4.9% $164 / Sq Ft
06/14/2025 06/14/25 For Sale $429,000 +53.2% $173 / Sq Ft
02/23/2022 02/23/22 Sold -- -- --
01/19/2022 01/19/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $280,000 -- $113 / Sq Ft
Source: Cheyenne Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed -- First American Title
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $210,750 New Conventional
Previous Owner $126,100 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

JP Fluellen

Real Broker, LLC

(307) 387-6232

Section Image

For JP Fluellen, real estate is not just about transactions, but about genuine collaboration. He's a staunch advocate for agents collaborating beyond their brokerage walls, ensuring a richer, more holistic experience for clients. With 16 illustrious years in the industry, JP has journeyed from being a proactive real estate investor to obtaining his license in 2010. Along the way, he's paved the path for others, spearheading real estate investment masterclasses and educational courses with a

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Source: Cheyenne Board of REALTORS®

MLS Number: 97433

Cheyenne Board of REALTORS®

APN: 1-6987-0014-0008-0